Commerce miner Co., Ltd. announced a private placement to issue 7,898,894 shares at an issue price of KRW 1,266 for the gross proceeds of KRW 9,999,999,804 on March 20, 2024. The transaction will include participation from new investor Metaplex Co., Ltd. The transaction has been approved by the shareholders of the company and is expected to close on April 15, 2024. The securities are restricted to a hold period.